Equity Research Framework

DCF valuations you canaudit.

The same 13-step framework used by institutional equity research analysts, automated with AI, with every assumption tagged and every calculation cross-checked.

Currently supporting US-listed companies.ASX-listed companies coming soon.

13

Analysis steps

7

Self-audit checks

3

Scenario paths

5

Scoring dimensions

Every data point tagged

as Verified, Estimated, or Assumed. Nothing hidden

Dual-path NPV

FCFF + FCFE with mandatory reconciliation

7-point self-audit

on every valuation before results are shown

Live market data

current prices pulled at analysis time

Bear / Base / Bull

scenario analysis on all key revenue drivers

Mid-year discounting

with treasury stock method for diluted shares

The Framework

13 steps. The same process a senior analyst follows.

Most AI tools hide their methodology. We show ours. Every valuation follows this exact sequence. No shortcuts, no black boxes.

01

Company Overview

Business model, products, geographic exposure

02

Historical Financials

3-5 years of revenue, EBITDA, margins

03

Revenue Forecast

Bear / Base / Bull scenario modelling

04

Cost Structure

COGS, OpEx, margin trajectory

05

CapEx & Working Capital

Maintenance vs growth capex split

06

Tax & Depreciation

Effective rates, D&A schedules

07

FCF Bridge

EBIT to free cash flow waterfall

08

FCFE Verification

Dual-path reconciliation check

09

WACC Calculation

Cost of equity, debt, capital weights

10

Terminal Value

Gordon Growth with sanity checks

11

NPV & Sensitivity

WACC vs growth rate matrix

12

Composite Scoring

5-dimension weighted signal

13

Self-Audit

7-point verification checklist

What You Get

A complete valuation, not a number.

Every valuation includes a fair value estimate, sensitivity analysis, composite scoring across 5 dimensions, and a full self-audit trail.

Example output — illustrative figures only

Fair Value Estimate

$14.20+10.5%

vs. current price $12.85

Confidence72%

Composite Score

36.5/50Buy
Valuation30%7.5/10
Earnings Quality20%7/10
Balance Sheet15%8/10
Catalysts20%7/10
Downside Risk15%7/10

Self-Audit Checklist

FCF Cross-Check
Terminal Value Weight
Path Reconciliation
Multiple Sanity
Assumption Transparency
Diluted Shares Used
WACC Consistency

All 7 checks must pass before a valuation is finalised.

US Markets

Deep coverage of US-listed equities with live market data and SEC filings. ASX-listed companies coming soon.

13-Step DCF Engine

The same structured framework used in institutional equity research. Revenue build-up, WACC, terminal value, dual-path NPV.

5-Dimension Scoring

Weighted composite score across valuation, earnings quality, balance sheet strength, catalysts, and downside risk.

Our Approach

Built by investors, for investors.

Our valuation framework was developed through hundreds of real DCF analyses on listed equities, then encoded into a rigorous 13-step system that enforces the same discipline every time. No shortcuts, no guesswork, no black boxes.

Every assumption is tagged. Every calculation is cross-checked. Every output is audited against 7 verification criteria before you see it. The goal is not to replace your judgment. It is to give you better raw material to work with.

What Investors Say

Finally a tool that shows its working. I can see every assumption and trace exactly why the fair value came out where it did.

James T.

Self-directed investor, Sydney

The bear/base/bull scenarios are what sold me. I run it on every stock I'm considering and it saves me hours of spreadsheet work.

Priya M.

Finance analyst, Melbourne

The self-audit checklist gives me confidence that I'm not missing something obvious. It's like having a second set of eyes on every valuation.

David K.

Retail investor, Brisbane

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For research purposes only. Not financial advice. All valuations are generated by AI and should be independently verified before making any investment decisions. Valio does not guarantee the accuracy of any data or analysis. Past performance is not indicative of future results.